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- LoopNet Team
313 Washington Ave S
Minneapolis, MN 55415
The Grand Mill District · Multifamily Property For Sale
·
318 Units
INVESTMENT HIGHLIGHTS
- Strong Downtown Minneapolis Absorption and Rent Growth
- Located On Active Washington Avenue Mill District Corridor With Close Proximity To Major Employers
- Type 1 Basis Advantage
- Fully Amenitized
PROPERTY FACTS
| No. Units | 318 | Lot Size | 1.10 AC |
| Property Type | Multifamily | Building Size | 352,753 SF |
| Property Subtype | Apartment | Average Occupancy | 97% |
| Apartment Style | Mid-Rise | No. Stories | 13 |
| Building Class | A | Year Built | 2014 |
| Zoning | B4-1 - Business or Commercial District | ||
| No. Units | 318 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 1.10 AC |
| Building Size | 352,753 SF |
| Average Occupancy | 97% |
| No. Stories | 13 |
| Year Built | 2014 |
| Zoning | B4-1 - Business or Commercial District |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Washer/Dryer
- Heating
- Tile Floors
- Kitchen
- Granite Countertops
- Stainless Steel Appliances
- Range
- Walk-In Closets
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Controlled Access
- Fitness Center
- Energy Star Labeled
- Grill
- On-Site Retail
- Wi-Fi
- Roof Terrace
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 83 | - | 472 - 664 |
| 1+1 | 154 | - | 685 - 1,031 |
| 2+2 | 81 | - | 1,048 - 1,201 |
SUSTAINABILITY
SUSTAINABILITY
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
PROPERTY TAXES
| Parcel Number | 23-029-24-33-0032 | Improvements Assessment | $56,609,500 |
| Land Assessment | $6,220,500 | Total Assessment | $62,830,000 |
PROPERTY TAXES
